UP RERA website gets over 15,000 complaints on Day 1

NOIDA: Aggrieved buyers logged on to the UP Rera website with gusto since its official launch in Lucknow by Chief Minister Yogi Adityanath this morning. By the end of day, over 15,000 complaints were lodged on the site.

According to CREDAI (Confederation of Real Estate Developers Association) members, the shower of complaints even slowed down the site for the builders to log in and register their projects.

“Aggrieved buyers have been lodging their complaints since morning. Most buyers are dissatisfied with the manner in which the RERA has been brought in as the definition of the ongoing projects. So buyers have been logging in to express their grouse both about their individual projects as we all as about the nature of RERA,” Abhishek Kumar, president Noida Extension Flat Owners Welfare Association (Nefowa), said.

The Rera website has provision for registration of promoters, builders, projects and agents. In Gautam Budh Nagar including Noida and Greater Noida, there are over 80 ongoing projects by 58 builders. Thousands of agents are operative in both cities.

“Registrations started well in the morning as registration is mandatory for all builders. However reportedly the registrations slowed down by mid-day because of the onslaught of buyers’ complaints on the site,” Amit Modi, vice-president Credai (western UP), informed.

The Act has very strong implications for non-registration when it comes to builders which includes fines worth 10% of the cost of the total price value of the real estate project and even jail term. The builders are also henceforth only allowed to promote only those projects which have a valid RERA registration number. The promotional material has to mention that number.

“While as buyers we welcome the site, we also appeal that Noida and Greater Noia be provided a local RERA bench as all issues concerning home buyers in Gautam Budh Nagar are concentrated here. A local bench of the tribunal is crucial,” Puneet Parashar, from Sector 107 Home buyers’ association said.

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